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Fri Aug 28, 2020, 09:19 AM

Heard my first "Biden will increase taxes by 4 trillion" talking point this morning.

Told him not to worry about it unless he makes $400k a year or more (which he doesn't) and sent him the link for the Tax Policy Center analysis.

Here's the link for anyone else who wishes to debunk this talking point.

https://www.taxpolicycenter.org/publications/analysis-former-vice-president-bidens-tax-proposals/full

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Arrow 8 replies Author Time Post
Reply Heard my first "Biden will increase taxes by 4 trillion" talking point this morning. (Original post)
ooky Aug 2020 OP
mercuryblues Aug 2020 #1
Laelth Aug 2020 #2
mwooldri Aug 2020 #3
ooky Aug 2020 #5
roamer65 Aug 2020 #6
roamer65 Aug 2020 #4
louis-t Aug 2020 #7
crickets Aug 2020 #8

Response to ooky (Original post)

Fri Aug 28, 2020, 09:27 AM

1. Tell him

too late. trump has already done that.

?fit=scale

But deficits are only important when Democrats are in office.

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Response to ooky (Original post)

Fri Aug 28, 2020, 09:28 AM

2. Well done.

And thanks for the link.

-Laelth

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Response to ooky (Original post)

Fri Aug 28, 2020, 09:40 AM

3. How are the Trump deficits going to be paid?

Can't do to the USA what one did to ones own companies, can they Mr. Trumpski?

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Response to mwooldri (Reply #3)

Fri Aug 28, 2020, 09:44 AM

5. Yep. Biden's plan is the fiscal responsibility Tea Party nuts used to claim they were all about

until they weren't.

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Response to mwooldri (Reply #3)

Fri Aug 28, 2020, 09:46 AM

6. Bankruptcy for the US govt equals a currency failure.

The failure of a reserve currency would launch a depression that would make the Great one look like a picnic.

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Response to ooky (Original post)

Fri Aug 28, 2020, 09:43 AM

4. Either way, we pay taxes.

Through outright taxes or through inflation.

Dollar devaluation is a tax.

YoY, M1 money supply is up nearly 40 pct.

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Response to ooky (Original post)

Fri Aug 28, 2020, 10:28 AM

7. Another good response would be

"Well, someone has to pay for the the $4 trillion in debt trump ran up."

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Response to ooky (Original post)

Fri Aug 28, 2020, 11:05 AM

8. Great link. K&R for the post and the discussion.

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